3406 Garden Ave, Los Angeles, CA 90039 – 24-450573

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Marcia Alves

marcia@marciabrazil.com +1(702) 300-6969

$ 2,180,000

Est. payment | -/mo

12 Beds

8.5 Baths

5,963 SqFt

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$ 2,180,000

Est. payment | -/mo

Save

12 Beds

8.5 Baths

5,963 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,963 sqft

Price per Sqft $365

MLS Listing ID 24-450573

Bedrooms 12

Year Built 1965

Lot Size 6,755 Sqft

Acres 0.1551

Property Description

We are pleased to present for sale this rare (6) Unit mid-century investment opportunity in one of LA's Hottest Locations Atwater Village! Delivered 67% VACANT (4 of 6), this opportunity is offered for sale for the first time in over 49 years. The building is constructed in 1965, and consists of a robust unit mix of (5) 2 Story Town-Home Style Units with 2 Bed & 1.5 Bath Units and (1) Corner Unit with 2 Bedrooms & 1 Bath. It boasts a total building size of 5,963 SF and situated on a lot size of 6,752 SF. The property is nestled in a residentially zoned community and is well parked, with (6) spaces available. The investment is poised for an astute investor looking to add value by immediately adding up to (1) ADU Units by right (Buyer to verify feasibility of adding ADU's). The subject property is zoned R1-1-RIO with Soft-Story Retrofit Completed, and Certificate of Compliance Received. The investment is strategically located in the epicenter of North East LA's Hotspot of Atwater Village, where tenants have access to NELA best retail corridor of Glendale Blvd. Walk-Score of 89, considered very walkable, where most errands can be accomplished on foot. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-StoryCompliance, and the ability to construct ADU(s) or additional units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.

Location

State CA

County Los Angeles

Area Atwater

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage Carport Attached, Assigned, On street

Garage Spaces 6.0

Building

Level or Stories Two

Others

Special Listing Condition Probate Listing

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

+1(702) 300-6969

marcia@marciabrazil.com

1780 W Horizon Ridge Pkwy # 100, Henderson, NV, 89012, USA